Condor Gold Share Discussion Threads

[bahamasoil] 24/4/2023 15:56

Ditto above and well done dex, your best ever

[book5] 24/4/2023 15:32

well done Zangdook

[connect5] 24/4/2023 14:24

Well done zangdook, you're lucky or clever to have such a relatively low average. At least you can protect your capital if need be.

[zangdook] 24/4/2023 13:47

It's quite possible that I would do better to hold on to the bitter end, just I would have done well to mortgage my granny and put everything into the 15p open offer, but I don't trust Mark Child and I'm no longer interested in investment as pure gambling.

[888icb] 24/4/2023 09:07

Meanwhile in the market Condor continues its steady rise. Up 1.5% from 8 trades for a volume of 96000. Last trade was a 20000 Buy at 34.45p.

[corrientes1] 24/4/2023 08:49

Sorry, but to a layperson like myself, with little knowledge of the financial side of mining, the horror story so far suggests the only thing the boss seems interested in is self preservation and personal enrichment ;a very human trait.

He and his cronies will end up being the winners and the rest of us will end up as losers. The manipulation of the thought process is clear for those with eyes to see, not so oddly enough aided by some on this and other boards.

[book5] 24/4/2023 07:34

meanrev

Good to make comparison with calibre, I have been advocating the same, a true asset comparison is difficult for us as we don’t have all information but calibre holds cash, receivables + production assets in the USA as well as in Nicaragua . Calibre market cap has up gone roughly x 3 since sanctions; imho this is a life jacket for cnr shareholders, we will get something

we are a force seller as we keep burning cash, we are not Shanta gold., we depend on the quality of our assets and in our bargaining power

I don’t trust all mc says, he tents to suggest a rosy future and then disappoints. Imho he has been ramping the share to try to influence the sp

No news from the village in the land front, but they have selected the local beauty queen for the looming festival
Best wishes

[dexdringle] 23/4/2023 09:13

What's the betting that Farrugia has already filled his boots with Hummingbirds.....
29300;

I think I'll go onto the Hummingbirds thread and recommend Condor 🤣🤣

[farrugia] 23/4/2023 08:00

buy into Hummingbird's - almost same cap (but it has debt) and you get two big mines (Mali + a huge one to start mining end June in Ghana)

[meanreverter] 23/4/2023 07:42

Thanks, sherwood. This video gives a taste of how Condor's projects might appear when developed, and also an idea of what the environment for a gold-mining operation in Nicarague is like. A presentation (February 2023) by Calibre



mentions on page 4 that the enterprise value of the company is $1134 per ounce of annual production, and bemoans that this is far below its peers (a Nicaraguan discount?). At present, Toronto-listed CBX has an MCap of C$700m (£413m) and no debt. Very broadly, I would estimate Calibre's physical assets to be three times Condor's at a comparable stage of development.

[sherwood58] 23/4/2023 06:28

Here is a really good example of how mining can help the local communities. The last 3 mins or so shows how the local community can benefit from a mining company/resettlement.

[diggybee] 21/4/2023 16:15

It's going up. But it isn't where it was. And it's now a $75m mkt cap.

[corrientes1] 21/4/2023 15:59

Reading this thread is good for dozing. You can experience dreams and nightmares all within a very short time span, then wake up and get back to reality which is any amount of abstract PR unconnected with CNR.

I suppose you've got to do something to pass the time of day by pretending you're heading a PR company rather than getting your hands dirty.

[2020hindsight] 21/4/2023 15:58

It's not huge volumes but all those sales are being soaked up without impacting the price.

[dexdringle] 21/4/2023 15:19

Well, we have what is effectively a 'token' share price so why not 🤣

[2020hindsight] 21/4/2023 15:14

Condor Twitter today : "A report from Citi Group suggests tokenization of global illiquid assets could become a $16 trillion industry by 2030! CEO Mark Child joins #FinancialFox to share his opinion on the tokenization of gold and silver."

Stop pfaffing on about tokenising gold and either sell the flipping company or start mining for the stuff. Jeez.

[diggybee] 21/4/2023 12:24

Not under uk law

[diggybee] 21/4/2023 12:24

Basically do the left and down a lot from Liverpool

[septblues] 21/4/2023 10:52

NPV at $1700 per oz is $450m

add $300m to NPV because gold is $2000 per oz ($300 more than base NPV price on 1m oz )

NPV is after paying shareholders normal returns on equity which is built into the discount rate

Total NPV becomes $750m

Shares in issue are 150m

can't take it any further

if gold goes from $2000 to $2500 that's another $500m on to NPV

[book5] 21/4/2023 08:10

This does not help to any miner in Nicaragua
Russian Exterior minister in Nicaragua

[dexdringle] 20/4/2023 17:20

Voted not to sell what ?

We aren't in the business of buying land because we already own all of the land. Apparently.